buying calls has been my only option trading experience ... while i understand the basics of writing, there are 2 noob questions someone might help me with 1. Covered Call Writing - how often do the calls get exercised when common is above the SP? My concern is with a somewhat volatile stock... ex. own common at 10/per ..write calls at 13 strike because i know i would book that profit anyway if it ran 30% . Stock runs to 11-12 ish and gets bad news or some other event would take place that would make me want to sell and just book the profit ... after selling the common, lets say it runs to 15... option exercised, im still liable to sell at 13 correct? 2. Put Writing .. just general thoughts for me to consider thanks!!